Lithuania is not afraid of Russia - PM

  • 2012-10-04

VILNIUS - Lithuania’s lawsuit against Gazprom at the Stockholm arbitration, relating to overcharged 5 billion litas (1.4 billion euros) for Gazprom gas, is a part of consistent policy of the Government, which is in line with the European Union's (EU) policy, says Lithuanian Prime Minister Andrius Kubilius.

According to him, Russia must understand that this is a part of normal business practice and any kind of pressure of threats will not discourage Lithuania.

"I hope that Russian leadership and Gazprom understand that the treaties provide for having arbitration at Stockholm regarding the gas prices, it is a part of normal business practice () we will not be afraid or influenced by any kind of threats or pressure. I would like to remind that Lithuania is a member-state of the EU, which does not let us feel unsupported in implementing gas sector reform. It is in line with the EU policy to demand a fair, transparent and competitive gas supply from Gazprom in the EU," Kubilius said today in an interview with radio Ziniu Radijas.